target audience: TECH SUPPLIER Publication date: Sep 2024 - Document type: Market Presentation - Doc Document number: # META52540524
META's IoT Revolution, Paving the Way for a Connected Future
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Abstract
This IDC Market Presentation offers a comprehensive overview of Internet of Things (IoT) services and initiatives across the Middle East, Türkiye, and Africa (META) region. The report outlines key advancements in digital transformation, including innovative solutions fueling the Fourth Industrial Revolution and improvements in smart infrastructure. In addition, it highlights developments in digital ecosystems, industrial automation, IoT platform capabilities, and applications.
The presentation highlights the top verticals using IoT and their respective IoT use cases. It also examines the significant challenges faced by end users and presents their insights on platform usage and preferred deployment models. It provides a detailed look at the current and planned use of IoT services, identifies the key drivers behind technological advancements, and offers strategic advice to telecom vendors.
These insights are crucial for understanding how IoT developments will contribute to the socio-economic growth of the META region.
"The IoT market in the META region is poised for transformative growth, driven by rapid urbanization, 5G deployment, and AI innovations. With the healthcare, transportation, and manufacturing verticals leading the charge, IoT is revolutionizing efficiency and driving innovation. To stay competitive and align with regional aspirations like Saudi Vision 2030, telecom providers must prioritize AI optimization, embrace low-power connectivity, and champion sustainability. The future of IoT in META is not just about technology — it is about redefining the region's digital landscape.” – Senior Research Analyst Jawairia Asif, META Telecom and IoT services